Question

The entry record reimbursement of the petty cash fund for postage expense should include?  

Answer 1

When cash is provided for incurring petty cash expenses, then it would be considered as if advance has been given.

When expense iss incurred and the bill of expenses is submitted then the petty cash advance would be settled by the following entry:-

Account title	Debit($)	Credit($)
postage expenses	xxx
petty cash expenses		xxxx

hence the entry record reimbursement of the petty cash fund for postage expense should include debit to "postage expenses"

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